Arkansas Constitution
Article 12 - Municipal and Private Corporations
Section 5 - Political subdivisions not to become stockholders in or lend credit to private corporations
Universal Citation: AR Const art 12 § 5
No county, city, town or other municipal corporation, shall become a stockholder in any company, association, or corporation; or obtain or appropriate money for, or loan its credit to, any corporation, association, institution or individual.
Disclaimer:
This
Constitution
may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
